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Fundamentals Quotes

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Fundamentals Quotes

“Above all, you ask if the God of Christians forgives those who do not believe and who do not seek faith. Given the premise, and this is fundamental, that the mercy of God is limitless for those who turn to him with a sincere and contrite heart, the issue for the unbeliever lies in obeying his or her conscience.”

“To live and work successfully with others requires more than faithfulness to one's concrete aims. It requires an intellectual commitment to a type of order in which, even on issues which to one are fundamental, others are allowed to pursue different ends. It is for this reason that to the liberal neither moral nor religious ideals are proper objects of coercion, while both conservatives and socialists recognize no such limits.”

“That the people have an original right to establish, for their future government, such principles as, in their opinion, shall most conduce to their own happiness, is the basis, on which the whole American fabric has been erected.... The principles, therefore, so established, are deemed fundamental. And as the authority, from which they proceed, is supreme ... they are designed to be permanent.... The powers of the legislature are defined, and limited; and that those limits may not be mistaken, or forgotten, the constitution is written.”

“Even a superficial glance is sufficient to show that all the innumerable forms in which the life-urge of Nature manifests itself are subject to a fundamental law - one may call it an iron law of Nature - which compels the various species to keep within the definite limits of their own life-forms when propagating and multiplying their kind.”

“I call this the Fundamental Problem of Political Economy. How do we limit the power that idiots have over us? ... [Milton] Friedmans insight is that a market limits the power that others have over us; conversely, limiting the power that others have over us allows us to have markets. Friedman argued that no matter how wise the officials of government may be, market competition does a better job of protecting us from idiots.”

“The fact that no limits exist to the destructiveness of this weapon [the 'Super', i.e. the hydrogen bomb] makes its very existence and the knowledge of its construction a danger to humanity as a whole. It is necessarily an evil thing considered in any light. For these reasons, we believe it important for the President of the United States to tell the American public and the world what we think is wrong on fundamental ethical principles to initiate the development of such a weapon.”

“In my estimation it was obvious that Jansky had made a fundamental and very important discovery. Furthermore, he had exploited it to the limit of his equipment facilities. If greater progress were to be made it would be necessary to construct new and different equipment especially designed to measure the cosmic static.”

“Given - and this is the fundamental thing - that God's mercy has no limits, if He is approached with a sincere and repentant heart, the question for those who do not believe in God is to abide by their own conscience. There is sin, also for those who have no faith, in going against one's conscience. Listening to it and abiding by it means making up one's mind about what is good and evil.”

“Every society has a right to fix the fundamental principles of its association, and to say to all individuals, that if they contemplate pursuits beyond the limits of these principles and involving dangers which the society chooses to avoid, they must go somewhere else for their exercise; that we want no citizens, and still less ephemeral and pseudo-citizens, on such terms. We may exclude them from our territory, as we do persons infected with disease.”

“While some might mistakenly consider value investing a mechanical tool for identifying bargains, it is actually a comprehensive investment philosophy that emphasizes the need to perform in-depth fundamental analysis, pursue long-term investment results, limit risk, and resist crowd psychology.”

“It is a wise rule and should be fundamental in a government disposed to cherish its credit, and at the same time to restrain the use of it within the limits of its faculties, "never to borrow a dollar without laying a tax in the same instant for paying the interest annually, and the principal within a given term; and to consider that tax as pledged to the creditors on the public faith."”

“In fundamental theory socialism and democracy are almost if not quite one and the same. They both rest at bottom upon the absolute right of the community to determine its own destiny and that of its members. Men as communities are supreme over men as individuals. Limits of wisdom and convenience to the public control there may be: limits of principle there are, upon strict analysis, none.”